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The Renewable Corporation and its subsidiary EcoSmart Surface and Coating Technologies Inc. signs exclusive distribution agreement with Casual Creations.


News provided by

The Renewable Corporation

Oct 01, 2012, 08:00 ET

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LAKE PARK, Fla., Oct. 1, 2012 /PRNewswire/ -- EcoSmart Surface and Coating Technologies Inc. (EcoSmart), a wholly owned subsidiary of The Renewable Corporation (ticker symbol RNWB), signed on an exclusive product & distribution agreement with Superior Furniture, Inc. DBA Casual Creations on August 30th, 2012.

(Logo: http://photos.prnewswire.com/prnh/20121001/NY83617LOGO  )

The agreement grants Casual Creations of Sarasota, Florida the right to utilize EcoSmart products for the outdoor furniture market. Arthur James Jr., President of Casual Creations said "Utilizing the revolutionary EcoSmart system allows us to expand our existing line to offer unique designs on glass currently unavailable in the marketplace."

The agreement is for a minimum purchase of $500,000 in the first year, $1M in the second and $2M in the third year, and sales are expected to be easily exceeded.

Gary Smith, The Renewable Corporation CEO says, "According to Global Industry Analysts, Inc, the outdoor furniture market is expected to exceed $4.4 Billion by 2015.* Partnering with Casual Creations offers an excellent opportunity by allowing us to expand the EcoSmart product line into previously untapped markets."

* http://www.prweb.com/releases/2011/1/prweb8041780.htm

For more information on Casual Creations contact
[email protected] or
Information on The Renewable Corporation contact
[email protected]

About EcoSmart Surface and Coating Technologies Inc.

EcoSmart Surface and Coating Technologies Inc., a wholly owned subsidiary of The Renewable Corporation Inc., offers a substantial portfolio of nano-technology coatings and solid surface covering alternatives.

EcoSmart's Innovative and unique process for surface covering (patents pending) achieves a highly desirable appearance that's extremely durable, provides superior quality and performance, and offers a more environmentally friendly choice than conventional flooring options. In addition, asbestos can be fully encapsulated with this product, making removal not necessary. Application requires less energy consumption than conventional processes. Interior and exterior flooring, countertops and many other horizontal surfaces can all be enhanced using these new methods.

EcoSmart's established and upcoming coatings cover a broad range of markets, including the marine and automotive industries, construction, food & hospitality markets, the medical field, and encompass large-scale industrial facilities to individual consumers. These coatings are self-cleaning and can be used to weatherproof most surfaces. Coatings can prevent oxidation, wood rot, offer superb resistance to sunlight degradation and water rejection, plus the coating does not support bacterial growth making it ideal for the medical, food & hospitality industries.

About The Renewable Corporation

The Renewable Corporation (TRC, trading symbol RNWB) was established in 2004, adopted its present name in 2008, and is based in Lake Park, Florida. It develops and supplies products, services, and technologies that use efficient, renewable resources. TRC knows there is significant interest in clean, green, and lean methods that offer superlative quality at a cost that is a reasonable alternative to traditional choices, and will have a less hazardous impact on the environment and human health.

The Renewable Corporation family of companies integrates sustainable manufacturing and distribution with cutting edge research and proprietary technology to provide the most advanced line of products and services available. TRC actively seeks out partner companies and individuals that are engaged in similar, forward leaning efforts. The company encourages creative synthesis and the inspired application of ideas in unexpected places. Discovering new solutions to existing and anticipated problems is the corporation's primary goal. The Renewable Corporation portfolio already contains multiple patents and patented products.

The Renewable Corporation management has assembled an exceptional leadership team to establish the company's position at the forefront of environmentally friendly business, and to guide its efforts. Their expertise includes new business development and financing, international sales and marketing, industrial renovation, molecular biochemistry, and bio-technology.

Legal Notice:

This press release may contain forward-looking statements, particularly as related to pro forma financial statements, earnings estimates and business expectations, within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Exchange Act of 1934, and are subject to the safe harbor created by these sections. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward looking statements." Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. These forward-looking statements are only made as of the date of the press release and Technology River Investments and the companies discussed do not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

Corporate Contact Information:

The Renewable Corporation 
1313 South Killian Drive 
Lake Park, FL   33403

Gary D. Alexander, Corporate Secretary - Investor Relations 
www.TheRenewableCorp.com
[email protected] 
Phone: 772-380-4320 x2

SOURCE The Renewable Corporation

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